Subsidising Petrol: We’re still trying to manage the bumpy start – Sylva
The Nigerian Government is yet to completely stop subsiding petroleum products in the country. According to the minister, President Muhammadu Buhari-administration has begun the process of deregulation of petroleum products….
Nigerians should be proud we’re importing petrol from Niger Republic- Sylva
Minister of State for Petroleum Resources, Timipre Sylva, said Nigerians should be proud that the country is importing petrol from Niger Republic as a way of boosting intra-regional trade. He…
Low oil price, Covid-19: Nigeria’s revenue drops by 60%, economy under pressure
Minister of State for Petroleum Resources, Mr Timipre Sylva, says Federal Government’s earnings, from oil and non-oil sectors coupled with low revenue receipts from the Federal Inland Revenue Service (FIRS),…
Timipre Sylva to inaugurate Techno Oil LPG Lagos terminal, Nov. 18
The Federal Government’s drive to stimulate job creation has started yielding dividends as Techno Oil Ltd is set to inaugurate an automated Liquefied Petroleum Gas (LPG) terminal at Kirikiri in…
PIB: Power to revoke licenses of oil firms over neglect of host communities rests with Petroleum Resources minister
The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their obligations to the host communities. The…
By 2022 Port Harcourt refinery rehabilitation will be complete – Minister assures
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva on Tuesday gave the assurance that the Port Harcourt refinery rehabilitation will be complete by 20222. Sylva disclosed this in an…
PIB: NNPC will not be scrapped but commercialised in line with deregulation move – Minister clarifies
Minister of State for Petroleum, Timipre Sylva has dismissed media reports that the new draft Petroleum Industry Bill (PIB) sent to National Assembly has recommended scraping of the NNPC.The minister…
All is not well with the country’s economy – Timipre Sylva
The Minister of State for Petroleum Timipre Sylva has called for cooperation to fix the Nigerian economy. According to him all is not well with the economy. The minister stated…
Electricity, fuel price hike: FG meets with NLC, TUC
The Federal Government on Tuesday met with the organised Labour over the hike in electricity and fuel tariffs. The meeting called by the Minister of Labour, Chris Ngige with the…
Deregulation: NNPC to setup CNG refilling stations for motorists the across the nation
The Nigerian National Petroleum Corporation (NNPC) says it will soon begin activation of Compressed Natural Gas (CNG) refill stations for motorists across the country. The corporation disclosed this in a…